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20121119
20121119
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directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
of the white house and the senate. i think john boehner has been the biggest in this, putting revenue on the table. i do agree with doug and i think that we will get some last-minute deal where we will kick the can down the road. if we go to the fiscal cliff, my party will shoulder the blame. trust me, my party is losing the message game and that is why we are having a bargain right now. >> there is a larger point. bottom line, if we go into some kind of economic downturn or a recession, all sides and all parties. >> i do agree with you. when the finger-pointing goes down, my party is the one to blame. right now we are trying to put humpty dumpty back together. gerri: to that point, and to both of you, what does the republican party need to do? to change the way it is viewed, we need to do? >> we can't continue to be the party of old white men. we have to work and take control of immigration reform and we have to change our message. we have to stop the fire and brimstone. if you don't vote for us, you are a lazy mood or read it. we feel your pain, we are here with you, stick with us a
to avoid tax hikes and spending cuts. john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross reforms. that means things like lowers rates, and closing loopholes. >> just to close loopholes is far too little money, and they have said they weren't it to be revenue neutral. the president has been very clear, that the higher-income people have to pay their fair share. >> that means no deal from the democrats if republicans will not agree to raise taxes on the wealthy, but pelosi says she is optimistic. more john coming up after the break. stay with us. ♪ created ad message for little caesars who proudly salutes unites
, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing to put entitlements on the table. big deal. you have a speaker, a republican speaker who really gets it. he understands the deaths of the problems they face. he has said the are going to put revenues on the table. big move. we got half the members of the senate already saying they will support a balanced plan. which makes a lot of sense. we have the business community lined up firmly for doing something. most importantly, we have the fiscal cliff. where if we go over it, we are going to face the most predictable economic crisis in history. for all of us in here, it is also the most avoidable. i think this is the magic mome
what you want to do. connell: even when you listen to john boehner and others coming out, we are making progress. making progress means revenue is on the table. entitlement cuts, presumably, are on the table. >> it depends on what we mean by increased revenue. they have two courts declare principles that place here. number one, do not raise taxes. number two, cut spending. to you. out of revenue either by lowering rates or closing those loopholes? dagen: someone will behave more regardless. >> here is the problem for the republicans. they have lost control of this narrative. it is hard for them to break through. what they really need to be talking about is the spending side of this equation. look, the united states of america does not have a revenue problem. there is plenty of revenue even in this depressed economic state. the problem is spending. you never starve the beast. connell: how do you switch it back? >> this is up to john boehner. it is up to the house republicans. the tea party caucus which is talking about the tax reform and really cutting spending, they are the only people
boehner said he is more interested in half that amount. >>shepard: all of the tax cuts are going to expire because the republicans and democrats signed off on it. what they can do now is re-instate the tax cuts. >>gerri: extend them. >>shepard: the president is vetoing them for the richest. if they don't do anything they expire if everyone. the fiscal cliff has had problems and impact on how corporations are doing business. >>gerri: these are new numbers, the "wall street journal" put these out saying that overall spending by companies is down 1.3 percent and capital spending down, as well. companies are retrenching, spending less. they decided they want to spend husband h -- spend less because this is uncertainty. >>gerri: we need the companies to hire people and expand and open more plants around the world and in the united states. >>shepard: that would be nice. >> we have the executive business editor and assistant managing editor of the the "wall street journal," parent company of this network. where are we? >> we had two rots looking into filings by companies and to pick up on what ge
the microphone with pelosi and with reid and boehner at the side saying that revenue is on the table, but when the talks ramp back up after thanksgiving, is this an issue to be real negotiation or dig-in time? >> i hope it is time for a negotiation. look, if there is one thing that we learned from the president's campaign, he promised to raise taxes on the wealthy. and here is a news flash to the republicans out there, elections have consequences, and that is what he wants to do, and i'm sure he is going to accomplish some of that, but on either side when you dig in before the negotiations start, not only does it look bad, it makes the markets go up and down, and it creates instability, and insecurity among the people out here in the country feeling the pain and the brunt of some of the economic policies and the fact of the matter is that both sides need to come into it with some level of give and take, and that is how you govern and get it done, and if the president is going to ak kccomplish the polis that he did in first term that he promised in the second, he is going to have to get some of
? >> there are active negotiations. i don't think john boehner is sitting there, nancy pelosi is on the other end going no tax increases for the rich. i don't. lori: is creating another sequester. >> just wish it out a little bit? melissa: bigger, batter. -- badder. >> if they kick it down the road, to the tax rates stay in place? lori: that wasn't addressed. we need to exhale, lest the new congress come in and just -- >> the new congress is a lot like the old congress. lori: give policymakers a break because we're still so he did. >> the last downgrade did not matter much. this downgrade could, who knows, but i am saying we can n could o longer have a split rating the u.s. would be below aaa, and that hits the initial contract operate differently. world market might become a little bit more unglued. i will say this, based on that list what we heard late last week summerlike compromisers can make it do feel that bowles and simpson are in the middle of that. they're about compromise, it cutting a deal in getting through this. so we will see. melissa: charlie gasparino, thank you so much. >> can only giv
that are addressing boehner build is they discovered every couple days. they easily --vulnerabilities they discovered every couple days and patched up. it is very important you keep your start -- software and hardware up to current configuration c do not have any vulnerabilities. almost all of those agencies are reporting they are not doing that. segregation of duties -- this may not be the most important. this is the fox guarding the hen house. you have secured personnel responsible for security management. those should be different people than the people who have just general system administration functions. in general when you get into a very trusted organization many times this person could be one and the same. then you have contingency planning or disaster recovery. this deals with if something does happen, and a natural disaster or a man-made disaster or an attack, can you get back up if your system crashes? you have redundancy behind it? is it running in parallel with your current system, a hot backup so it ultimately goes over -- automatically goes over, or is there some process for you back
.6 would be 1.5 to 1, when he was with boehner, 800, wanted another 4. >> you were in the room so you know. >> first of all, since we talk about bowles-simpson so much, bowles-simpson has a 1:1 ratio. >> it doesn't. >> i thought it's 1:4. >> it's 1:3. >> in the way the bowles-simpson frame was put out something people didn't realize was that in terms of the revenue number they weren't counting the expiration of the high income tax cuts which they proposed to get rid of. apples to apples, in terms of the way people are currently adding up their math, it's approximately a 1:1 ratio. >> erskine bowles said you should look at 3:1 in terms of spending cuts to revenue. >> i'm just saying what was in bowles-simpson. >> let's not forget about growth, we need to stimulate growth and a lot of it on the innovation side. >> david thank you, appreciate it i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ . >>> welcome back, everyb
to deal with. >> there has been some change there, and speaker boehner has put up with you all that branch and signified he is willing to talk. that's what negotiations are about. i just look out the clinton, bush tax cut issue and where you put the rates as a major part of the solution when you look at the amount of money you could bring in and you add that into some of the deductions we're talking about, but that is a big chunk of change. >> and in a press conference he just did, the president seemed to -- >> one of my colleagues from where this enemies i missed it, they did pass their blackberry over commission to show show me that since. so, you know, clearly is showing flexibility which i think is important. clear the republicans in the house have to, to. >> this will be a congress where you think by the end of this year hopefully sort out the fiscal cliff. are you confident of that? >> i think will have to sort it out part of it and sorted under clinton afford. i do think every key will be crossed and every eye will be guided by the something's we should be done at the end of the yea
Search Results 0 to 10 of about 11